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Topic: Long term bitcoin trading viewing - page 3. (Read 1082 times)

hero member
Activity: 2520
Merit: 783
December 06, 2019, 12:17:25 AM
#23
I think that in the year of 2020 everything is unpredictable. we don't know what moves will some countries take against bitcoin and everything is unclear. although the chart might tell something about the price rallying up but the political decision and news regarding cryptocurrency is what make the market decide whether to go up or down also to add in the next year some big boys that are doing blockchain research might have finished and announce whether it's effective or not.
yes, no one knows for sure the price of bitcoin next year. Just like this year, in 2018 many people predict that market prices will experience a sharp increase, because the phase of falling market prices when 2018 continues until the end of the year so there is a lot of hope that in 2019 market prices will rise sharply, but in fact the movement Market prices tend to be more stable and there has been no sharp increase or decrease this year. Likewise in 2020 no one knows exactly what steps will be taken in some countries for bitcoin, will there be support from most governments so that it can affect market price increases or even vice versa.

Many fall for hoping that we can get a great future coming at that time since speculation for a continuous increase is so high at that time but when manipulation came and certain ETF failing issue come it drops the price together with  the trust for the new people in crypto that's why we struggle  to grow up right now even though we are heading at the next block halving. And hopefully next year will bring a good boost to  the price since if we can see a excellent changes for sure we will have another great major adoption coming on 2021.
member
Activity: 728
Merit: 11
https://streamies.io/
December 06, 2019, 12:12:24 AM
#22
yep, you can see that Bitcoin's price will soon rise as the halving event is about to take place. This event is causing people to pour money to buy bitcoin at the moment and sellers are gradually exhausted when the price push has been very strong in recent days.
so you can see the important support is about $ 7k from now. We are still in a very good buying zone and this is an opportunity for us to have a great profit in the future.
sr. member
Activity: 826
Merit: 252
December 05, 2019, 10:37:36 PM
#21
Bitcoin still in down trend but I must say many people still optimist it will rise again, depend their knowledge and experience of course. I'll not blame them but I have different opinion, bitcoin will stagnant in this range price and show the real direction middle 2020. So let's think positive but wait and see is better than keep doing transaction right now.
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hero member
Activity: 1484
Merit: 516
December 05, 2019, 12:45:04 PM
#20
I think that in the year of 2020 everything is unpredictable. we don't know what moves will some countries take against bitcoin and everything is unclear. although the chart might tell something about the price rallying up but the political decision and news regarding cryptocurrency is what make the market decide whether to go up or down also to add in the next year some big boys that are doing blockchain research might have finished and announce whether it's effective or not.
yes, no one knows for sure the price of bitcoin next year. Just like this year, in 2018 many people predict that market prices will experience a sharp increase, because the phase of falling market prices when 2018 continues until the end of the year so there is a lot of hope that in 2019 market prices will rise sharply, but in fact the movement Market prices tend to be more stable and there has been no sharp increase or decrease this year. Likewise in 2020 no one knows exactly what steps will be taken in some countries for bitcoin, will there be support from most governments so that it can affect market price increases or even vice versa.
hero member
Activity: 2548
Merit: 605
December 04, 2019, 11:40:30 AM
#19
If we roughly estimate like past 2 halving triggered 10x growth of bitcoin prices then we can assume like bitcoin prices is set to test $100k to $200k by the times of 2021. In pre-halving periods, bitcoin markets did not have any big spikes but in post halving, market was known for testing previous ATH which is always leading to set new ATH. This way we may expect bull may come into actual business.

Yes, right now we are not into exact bullish market still it must be kind of recovery phase. Recovering from the losses of 2017 market is happening but the bulls are not in decent focus. They lose power time to time. Bulls may get full power after the halving which may lead to testing current ATH of $20k levels before end of 2020 which means in 2021 we are going to have a complete bullish mode in bitcoin markets.

The bullish trend in 2021 may set 10x higher prices of current ATH. but we need to note that 2017's bull market set 20x higher prices than previous ATH which may signal about another 20x growth in upcoming bull market or even 40x growth too. Because, it all about rate of adoption by new investors and the level of money that they are going to bring into this markets.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
December 04, 2019, 11:21:48 AM
#18
I think that the investment in Bitcoin in the long term is a very intelligent movement, especially since the long term does not represent much time as in the Stock Market, due to the volatility the movements usually occur quite quickly.

However, it is necessary to highlight that the Bitcoin chart is of a Bullish nature, and even more so when the Bitcoin Halvig is approaching, there are many expectations regarding this, in the same way the US dollar is currently presenting in its global economy some problems with negative interests, so they are considering creating the digital dollar by taking advantage of Blockchain technology.


Source: https://twitter.com/ChartsBtc/status/1199780006169214976
copper member
Activity: 126
Merit: 12
December 04, 2019, 05:22:49 AM
#17
So what do you think about the Bitcoin investment? from my overall observation, Bitcoin should be invested for the future purpose because of this analysis has proved many things, Thanks for sharing this worth analysis of the long term investment, it's a matter of time because day by day Bitcoin is becoming a stable currency in this days, but the price should be concern. for me, this cryptocurrency system is going under volatility so the people are getting confused about the long term investment, I hope this analysis will remove the confusion regarding this issue.

For investors, ‘automatic investment plan’  is the best way to against cycle or rise and fall, if you think something is valuable.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
December 04, 2019, 12:44:04 AM
#16
So what do you think about the Bitcoin investment? from my overall observation, Bitcoin should be invested for the future purpose because of this analysis has proved many things, Thanks for sharing this worth analysis of the long term investment, it's a matter of time because day by day Bitcoin is becoming a stable currency in this days, but the price should be concern. for me, this cryptocurrency system is going under volatility so the people are getting confused about the long term investment, I hope this analysis will remove the confusion regarding this issue.
brand new
Activity: 0
Merit: 0
December 03, 2019, 05:59:41 AM
#16
Specifically for short-term sellers, such a significant decline can lead to serious losses. That is why I prefer to be careful with bitcoin trading. Expect a lot from him. but you can’t do all bets on just one coin. I am confident in the long run this fall can help establish a more solid price position

You are absolutely right in saying, and if a person does not have a clear trading strategy, then such price correlations can lead to a panic of novice traders. But that is why it is necessary to study financial mechanisms in more detail and get acquainted with the strategies of experienced investors. Taklimakan platform allows you to create and share such strategies, as well as trading signals, in order to prepare for risky situations

I am not confused by the decline in BTC prices, even such a serious one. Nevertheless, his sharp jump to 13 thousand did not look justified and looked like a manipulation. You should not look for easy investments in bitcoin, for this there are many successful coins that bring profit, albeit not so serious.

I think one of the factors that worsen the situation on the market is the unresolved issue of cryptocurrencies in the United States and the protracted hearing of the congress around Libra. It is not surprising that the owners of crypto have doubts and a desire to sell in advantageous positions.

I do not trade bitcoin at all. It is well suited for storing and exchanging for other coins, but it is really difficult to trade with it if there is little experience. But as they correctly noted, now is a good time for shopping. All the same, I believe that before the fall, big business wakes up like a consumer interest in cryptocurrencies.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
December 03, 2019, 06:59:04 AM
#15
Our data machine told us everything is all right, although bitcoin seems going down in these days. Global central bank negative interest rate, Political instability, halve production of bitcoin , we still can see the postive index of bitcoin, Markets need a 'cardiotonic' .
We all always need some "tonic" for pumping new investors into bitcoin markets. I guess the reasons you have mentioned will be more than enough catalysts to do that. Negative interest rates definitely push people to find a new store of value or interest gaining opportunities after gold. Bitcoin halving is known for triggering huge demand due to less supply. Political instability is a through out year incident across the globe hence it may or may not produces significant impacts into bitcoin markets.

Quote
i believe we will see bitcoin with a nice price in 2020. Smiley
Except the first quarter of 2019, I believe bitcoin managed to have decent prices levels in 2019 itself unlike how it performed in 2018. Compared to 2018, we enjoyed a bullish year in 2019 so far. Hence, it will be easy speculation about 2020 still only time will answer what we are going to have in actual Smiley.
brand new
Activity: 0
Merit: 0
December 03, 2019, 05:52:22 AM
#15
Specifically for short-term sellers, such a significant decline can lead to serious losses. That is why I prefer to be careful with bitcoin trading. Expect a lot from him. but you can’t do all bets on just one coin. I am confident in the long run this fall can help establish a more solid price position

You are absolutely right in saying, and if a person does not have a clear trading strategy, then such price correlations can lead to a panic of novice traders. But that is why it is necessary to study financial mechanisms in more detail and get acquainted with the strategies of experienced investors. Taklimakan platform allows you to create and share such strategies, as well as trading signals, in order to prepare for risky situations

I am not confused by the decline in BTC prices, even such a serious one. Nevertheless, his sharp jump to 13 thousand did not look justified and looked like a manipulation. You should not look for easy investments in bitcoin, for this there are many successful coins that bring profit, albeit not so serious.

I think one of the factors that worsen the situation on the market is the unresolved issue of cryptocurrencies in the United States and the protracted hearing of the congress around Libra. It is not surprising that the owners of crypto have doubts and a desire to sell in advantageous positions.
hero member
Activity: 1400
Merit: 623
December 03, 2019, 06:03:44 AM
#14
I hope your prediction is correct, we all hope the price of bitcoin always goes up, but the reality is often not all as expected, Yesterday yesterday almost everyone shouted that Bitcoin will head for 20K, but now bitcoin has fallen below 8K.
Market is too volatile, our prediction may not happen today, it may happen next month or next year. We never know but we must do invest only on alts that have potential or take advantage of some alts pump and dumps in that day. Trading will depend on how we will be able to monitor the market or set target amounts for our investment.
brand new
Activity: 0
Merit: 0
December 03, 2019, 05:48:11 AM
#14
Specifically for short-term sellers, such a significant decline can lead to serious losses. That is why I prefer to be careful with bitcoin trading. Expect a lot from him. but you can’t do all bets on just one coin. I am confident in the long run this fall can help establish a more solid price position

You are absolutely right in saying, and if a person does not have a clear trading strategy, then such price correlations can lead to a panic of novice traders. But that is why it is necessary to study financial mechanisms in more detail and get acquainted with the strategies of experienced investors. Taklimakan platform allows you to create and share such strategies, as well as trading signals, in order to prepare for risky situations

I am not confused by the decline in BTC prices, even such a serious one. Nevertheless, his sharp jump to 13 thousand did not look justified and looked like a manipulation. You should not look for easy investments in bitcoin, for this there are many successful coins that bring profit, albeit not so serious.
newbie
Activity: 28
Merit: 0
December 03, 2019, 05:45:51 AM
#13
Specifically for short-term sellers, such a significant decline can lead to serious losses. That is why I prefer to be careful with bitcoin trading. Expect a lot from him. but you can’t do all bets on just one coin. I am confident in the long run this fall can help establish a more solid price position

You are absolutely right in saying, and if a person does not have a clear trading strategy, then such price correlations can lead to a panic of novice traders. But that is why it is necessary to study financial mechanisms in more detail and get acquainted with the strategies of experienced investors. Taklimakan platform allows you to create and share such strategies, as well as trading signals, in order to prepare for risky situations
newbie
Activity: 28
Merit: 0
December 03, 2019, 05:43:51 AM
#12
Specifically for short-term sellers, such a significant decline can lead to serious losses. That is why I prefer to be careful with bitcoin trading. Expect a lot from him. but you can’t do all bets on just one coin. I am confident in the long run this fall can help establish a more solid price position
sr. member
Activity: 812
Merit: 257
December 03, 2019, 05:29:42 AM
#11
I hope your prediction is correct, we all hope the price of bitcoin always goes up, but the reality is often not all as expected, Yesterday yesterday almost everyone shouted that Bitcoin will head for 20K, but now bitcoin has fallen below 8K.
copper member
Activity: 126
Merit: 12
December 03, 2019, 05:05:08 AM
#10
Good stuff OP! But I was under the impression that China is losing more and more of its love for Tether -- given that the past 2/3 years alone we've seen scores and scores of stablecoins come out exactly from China (I can't actually name one now but give me a list and I'll recognise a few I'm sure!).

As you say, Tether was popular (is still) because it allowed people to speculate, but at some point, we'll probably not be able to correlate Tether to BTC anymore, once (if) those alternative stablecoins gain traction. I think, judging from chatter, DAI, for example, is making a strong argument for displacing Tether in some circles.

China is planning to publish their own digital currency DECP, and it may become a new channel to buy bitcoin. Tether still be the best choice for now, more and more chinese exchanges published otc system for tether ,and it means people don't need to withdrawl from exchange any more, the circulation of usdt will reduce by locking position, although people are saying tether is cheating crypto fans, it still be the first choice of chinese people to buy crypto currency.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
December 03, 2019, 05:01:37 AM
#9
I think that in the year of 2020 everything is unpredictable. we don't know what moves will some countries take against bitcoin and everything is unclear. although the chart might tell something about the price rallying up but the political decision and news regarding cryptocurrency is what make the market decide whether to go up or down also to add in the next year some big boys that are doing blockchain research might have finished and announce whether it's effective or not.
copper member
Activity: 126
Merit: 12
December 03, 2019, 04:58:34 AM
#8
Thank you for sharing your perspective!

Your volatility graph is an eye-opener. It supports the notion that the January-June rally was impulsive in nature, while the June-December pullback was corrective.

BTC inflows
We always think, inflows is the most important index.According to our data, we can see  Bitcoin's inflows still optimistic.

Where does this data come from? It looks like USDT is disproportionately large.

Lets talk about usdt
Chinese people like usdt, 90% of USDT OTC trading happened in China. Exchanges were banned , usdt is the only way for chinese people to join in the crypto trading. From usdt index , we can see how is the market confidence by chinese people. USDT OTC trading will cause positive or negative premium, when we can see USDT is postive premium in a cycle time,it means peoples shows their confidence for market.

How is the USDT index calculated? You're saying it indicates market confidence? I see it's been rising inverse to price for the last 4-5 days. Do you interpret that as a bullish signal?

You can check the tether otc price at okex , fiat trading system shows the buy/sell price clearly.
Tether price rising means people are buying tether and want to buy bitcoin , eth or something crypto stuff.
sr. member
Activity: 1834
Merit: 261
20BET - Premium Casino & Sportsbook
December 03, 2019, 04:05:11 AM
#7
that's why bitcoin isn't worth investing in the short term because it will pump the heart beating all the time, especially when the market bleeds like it is today, but I'm waiting for what will happen next year as many people say next year is the right year both for bitcoin and others, I believe 2020 is the right time for everything to develop again
Yes, bitcoin will be more profitable if you make long-term investments because bitcoin will always give good results in the long run and the most important thing is to have strong patience when bitcoin decreases.
and we will see bitcoin next year about increasing bitcoin according to the predictions of all those who reach the highest price in 2020.
my friend bought bitcoin 2017 above the price of $ 15k and sold it at $ 4000 at the time and now he sees the price is still above $ 6k and that's fine, he lost a lot of money because he was too quick to make a decision, even though I was reminded to invest in bitcoin has a big risk and needs more patience, but unfortunately he has stopped being a trader on bitcoin, hopefully he won't be disappointed when he comes back and sees high prices in 2020
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